Home Prices Rise 2.6% YoY Despite Expanding Inventory

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July’s numbers are in: national home prices climbed 2.6% year-over-year, reaching a median of $400,000. Even as inventory grew by 4.4% and home sales rose 2.9%, prices continued their steady upward trend. Price growth looks a little different depending on the property—single-family homes saw a 2.5% increase, condos 2.3%, and townhomes 0.8%.

As someone who’s spent decades guiding clients through real estate and mortgage decisions across Georgia, Alabama, Tennessee, and Florida, I know how these shifts can impact your plans—whether you’re buying, selling, or investing. My dual expertise in both real estate and lending means I approach every transaction with a clear perspective and a commitment to making the process as straightforward as possible. A changing market can create questions, but with the right guidance and honest, personal attention, there’s always a path forward.

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